Common use of Organization and Qualification of Borrower Clause in Contracts

Organization and Qualification of Borrower. Borrower is _________________ under the laws of the province shown on the first page hereof or under the laws of Canada, and is qualified to do business in all jurisdictions where the character of its properties or the nature of its activities make such qualification necessary.

Organization and Qualification of Borrower. Borrower is _________________ under the laws of the province state shown on the first page hereof or under the laws of Canadahereof, and is qualified to do business in all jurisdictions where the character of its properties or the nature of its activities make such qualification necessary.

Organization and Qualification of Borrower. Borrower is _________________ under the laws of the province shown on the first page hereof or under the laws of Canada, and is qualified to do business in all jurisdictions where the character of its properties or the nature of its activities make such qualification necessary.